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Merko apartment buildings offer suitable spaces for offices, retail businesses, cafés and restaurants. We build solutions that perfectly match the customer’s needs.
Completed
Vesilennuki
Next to Noblessner Marina at Lennusadama 3 / Vesilennuki 18 five buildings with spacious balconies will be built. Each building is designed to accommodate 25–35 apartments and nearly 400 m² of business space. Those buildings, special in a number of aspects, will form an ensemble with the old industrial buildings of Noblessner and the modern new apartment houses on Staapli street. The apartments with plenty of light and higher-than-average ceilings will offer all comforts and luxury that could be expected from modern elite-class real estate.
In order to preserve the architecture typical of Nõmme, we will build 38 new elegant apartments and six commercial premises in a building with a dignified history next to Nõmme Central Square. During the construction works, the house at Pärnu mnt 328 will receive a complete renovation and a modern extension, which will integrate harmoniously the new and the historical part. In this way, we ensure high-quality homes for the residents of both parts of the house. The parts of the house will be connected by a central staircase with an elevator hall and a gallery.
Right in the centre of Tallinn, on the corner of Lastekodu and Odra streets and a location that boasts a fascinating history, a new house consisting of three parts with 114 apartments and seven commercial spaces in total will be built. Odra is characterized by industrial feel and architecture that suits urban rhythms. The development’s yard area is but a green oasis in the midst of fast-paced hustle and bustle of the city. The secure landscaped courtyard has a playground and recreational areas with special solutions providing excellent opportunities to relax in the fresh air and chat with the neighbors.
The Tihase apartment buildings, which are being constructed on the corner of Sõpruse Avenue and Tihase Street in the Kristiine district, form a residential complex modern in appearance that will also be home to small businesses. The complex will bring together the best of both worlds: an idyllic, family-friendly environment with playgrounds, relaxation areas and green spaces (including a private orchard); and the urban rhythms of the nearby city centre, with all the fun and excitement it has to offer. Located at Sõpruse pst 26//28, the buildings will feature 46 apartments and three commercial spaces.
The building to be constructed at Allveelaeva 4 in the vicinity of Noblessner Marina will accommodate 148 apartments and more than 1000 square metres of commercial space. The homes will have higher-than-average ceilings and windows down to the floor level. Apartments of the higher floors will include spacious roof terraces. There will be a courtyard with a playground and garden in the middle of the building.
The building being constructed in the centre of Tallinn at Pille 16 by KOKO Architects has around 10,300 m2 of office space, over 1000 m2 of service and catering space and a sports centre with an area of up to 1600 m2. The building planned near the Veerenni roundabout has 12 floors. Larger bureaus have the option to connect multiple floors and choose between various room layouts. There are 160 parking spaces for cars on two underground levels and a closed storage area that holds up to 100 bicycles. The four wings of the cross-shaped building are tapered office towers of varying lengths, with views to the city from the windows and sun terraces on the roofs.
Contact us if you want to bring your business to Uus-Veerenni.
The Tihase apartment buildings, which are being constructed on the corner of Sõpruse Avenue and Tihase Street in the Kristiine district, form a residential complex modern in appearance that will also be home to small businesses. The complex will bring together the best of both worlds: an idyllic, family-friendly environment with playgrounds, relaxation areas and green spaces (including a private orchard); and the urban rhythms of the nearby city centre, with all the fun and excitement it has to offer. Located at Sõpruse pst 26//28, the buildings will feature 46 apartments and three commercial spaces.
The coming year will see a rise in VAT in Estonia from the current rate of 20% to the new rate of 22%, as a result of which buying a home in 2023 will be cheaper than buying one in 2024. If you enter into both a sales contract under the law of obligations and a real rights contract by the end of the year, the VAT on the total value of the transaction will remain 20%. If you enter into the sales contract this year but only sign the real rights contract next year, the 22% rate of VAT will apply to the outstanding amount to be paid when entering into the latter in 2024. In other words, the more you pay this year, the cheaper your new home will be.
Merko as a developer of commercial premises
The buildings built by Merko and the commercial premises in them have been planned carefully with the help of the best architects and designers. At the customer’s request, we will do all the necessary additional work.
Many businesses have found a cosy home in our apartment buildings – the street level is a great location for cafés, restaurants, small shops and beauty salons; the office apartments on the upper floors are perfect for small businesses.
In 2018, we were in a great hurry to move to new business premises as our lease on the old place was about to expire. We chose premises with a sea view at Noblessner where development was still in progress and construction only halfway done. Merko had about 1.5 months to finish the entire interior design. Despite an extremely tight schedule, we worked out a necessary compromise in each situation and managed to move in right on time. We are very satisfied with our choice to this day!
I am a big fan of Noblessner and I chose the site as it was a new up-and-coming residential and retail development project.
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Silver Väester Real Estate Development Manager silver.vaester@merko.ee
